Il 3 maggio 1994 era una martedì sotto il segno zodiacale del ♉. Era il 122 ° giorno dell'anno. Il presidente degli Stati Uniti era William J. (Bill) Clinton.
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3rd of May 1994 News
Notizie come è apparso sulla prima pagina del New York Times il 3 maggio 1994
News Corp. Shifts Posts
Date: 04 May 1994
By Bloomberg News
Bloomberg News
The News Corporation Ltd. said today that Andrew Knight would step down as chairman of Times Newspapers Ltd. and News International P.L.C. on July 1. Mr. Knight, who is 54, will remain as a nonexecutive director of Times Newspapers and News International and will remain a director of the News Corporation.
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Clinton Defends Foreign Policy Record
Date: 04 May 1994
By Gwen Ifill
Gwen Ifill
Saying that the United States "cannot turn our back on the world," President Clinton offered a broad defense tonight of his foreign policy initiatives and issued tough-sounding challenges to North Korea and other foreign governments. "America cannot solve every problem, and must not become the world's policeman," he said in an international forum televised by Cable News Network. "But we have an obligation to join with others to do what we can to relieve the suffering and restore peace."
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Executives Are Contented but . . .
Date: 04 May 1994
By Louis Uchitelle
Louis Uchitelle
With their sales rising smartly, a majority of America's top executives are far more sanguine about the economy than the general public is, the latest New York Times/CBS News Poll shows. But many executives also have a complaint: they can't get the price increases that many say are needed to keep their businesses thriving. The executives favor, in effect, a bit more inflation -- for their industries, at least -- than the current mild national level.
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Some Limits on the Global Village
Date: 04 May 1994
Last night's appearance by President Clinton was billed as a "Global Forum," but only a few parts of the world could have had any immediate knowledge of it. While CNN is available in 62 million homes in the United States and more than 50 million in Western Europe, the figure for the rest of the world is under 30 million. While the program was seen in prime time in the United States, it would have been seen after midnight or later in Europe and Africa. It was dawn in much of Asia.
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Gas Deal by Tenneco
Date: 03 May 1994
By Bloomberg News
Bloomberg News
The Tenneco Gas Company, a unit of Tenneco Inc., said today that it had bought a 50 percent stake in the partnership that owns and operates the Dauphin Island Gathering System, an offshore natural gas pipeline in Mobile Bay, Ala. The price of the transaction was not disclosed.
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DANAHER AGREES TO ACQUIRE MOOG CONTROLS
Date: 04 May 1994
By Bloomberg News
Bloomberg News
The Danaher Corporation said yesterday that it had signed a letter of intent to acquire Moog Controls Inc., a maker of motion control systems, for an undisclosed amount. Danaher, based in Washington, said the acquisition was expected to be completed in the next several months. Moog Controls, formerly a unit of Moog Inc., has annual revenue of $25 million, Danaher said. Last month, Danaher failed in an attempt to acquire the Mark Controls Corporation.
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CAESARS STOCK FALLS 10% ON DECLINE IN EARNINGS
Date: 03 May 1994
By Bloomberg News
Bloomberg News
The stock of Caesars World Inc. declined 10 percent yesterday after the company said it expected to report earnings of 42 to 50 cents a share in the quarter that ended on April 30, compared with 69 cents in the quarter a year earlier. The company, which owns casino hotels in Nevada and Atlantic City, attributed the decline to increased marketing expenses and higher provisions to cover uncollectible gambling debts and to provide free services for high-rolling patrons. The company's shares fell $4.875, to $43.75, on the New York Stock Exchange, where more than one million of its shares were traded.
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BAYER TO BUY MINORITY STAKE IN ONYX PHARMACEUTICALS
Date: 04 May 1994
By Bloomberg News
Bloomberg News
Bayer A.G., the German chemicals and pharmaceuticals conglomerate, will pay $13.5 million for a stake of about 15 percent in Onyx Pharmaceuticals, a biotechnology company in Richmond, Calif. Bayer said it was acquiring the stake to make inroads into cancer research in the United States. Miles Inc., Bayer's United States subsidiary, will finance a joint research and development program over five years. Bayer said Miles would pay $25 million for research by Onyx and would cover all preclinical trial costs. In return, Miles would have exclusive development and marketing rights for products that emerged from that cooperation.
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CHAIRMAN AGREES TO STAY THROUGH 1995 AT GOODYEAR
Date: 04 May 1994
By Bloomberg News
Bloomberg News
The Goodyear Tire and Rubber Company said yesterday that it had extended the contract of Stanley C. Gault, its chairman and chief executive, through 1995 with the understanding that a successor might be named next year. Mr. Gault, 68, who has led Goodyear since June 1991 and presided over its resurgence in recent years, previously announced plans to retire on Dec. 31, 1994. Separately, Goodyear appointed Robert Tieken, 55, a longtime executive at the General Electric Company, as executive vice president and chief financial officer. Shares of Goodyear closed up 37.5 cents yesterday, to $39.125, on the New York Stock Exchange.
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DISNEY TO START ITS OWN CRUISE LINE BY 1998
Date: 04 May 1994
By Bloomberg News
Bloomberg News
Leaping into the budding market for family cruises, the Walt Disney Company said yesterday that it planned to begin its own line by 1998. Disney said it would hire Arthur Rodney, who founded Crystal Cruises and was previously president of Princess Cruises, as president of the venture. Disney will include a cruise as part of a one-week vacation package that will offer several days at the company's Walt Disney World resort. Disney plans to launch its first ship by 1998; it will feature Disney characters and other Disney-related entertainment. Disney is not a stranger to cruises. The company and Premier Cruise Lines had a nine-year relationship that broke up a few months ago.
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